The Terra Firma tycoon Guy Hands has been accused of attempting to run a “shakedown” against Citigroup and its former chief executive, Chuck Prince, in his attempt to recover massive losses from his disastrous acquisition of EMI.
The memo landed on a Sunday in November. It was 2007, and securities backed by subprime mortgages were roiling markets and imperiling banks. Merrill Lynch CEO Stan O’Neal had just resigned under pressure, and Citigroup CEO Chuck Prince was rumored to be on his way out.
When Chuck Prince was CEO of Citigroup from 2003 to 2007, he didn’t know about a surge in mortgage risk that his own investment bankers loaded on to its bank’s books.
We're busy (at last) wading our way through The Financial Crisis Inquiry Report in search of little gems.
Who is better right now? Manchester City's Premier League superstar Raheem Sterling or Liverpool's Egyptian King Mo Salah?
Tanguy Ndombele proved his worth in the Champions League with Lyon last season and now he will be hoping to replicate that form when he makes his European debut with Tottenham Hotspur on Wednesday night.
Fikayo Tomori made his Champions League debut for Frank Lampard's Blues but Rodrigo Moreno scored the winner at Stamford Bridge.
Liverpool lost 2-0 away at Napoli on Tuesday night.
Liverpool are currently five points clear at the top of the Premier League table, with Manchester City's injury crisis worsening.
Liverpool and Chelsea are set to meet this weekend in Premier League action, with Jurgen Klopp's side facing defeat for the first time this term last night.
Arsenal trio are available and could all feature against Eintracht Frankfurt.
Tottenham Hotspur prospect Jack Roles has been rotated in and out of Cambridge United's side since being loaned out by Mauricio Pochettino.
Newcastle United and Manchester United were among the clubs linked with a move for Ansu Fati in the summer.
Leif Davis is lightning-quick, according to one of his Leeds United team-mates.